Southern Educational Fund Inc

Analysis

Southern Educational Fund Inc is a registered charity in United States, based in Ponce, PR. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern Educational Fund Inc reported income of $165k and spending of $203k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $165k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Southern Educational Fund Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 34th percentile within PR. Charities of a similar size with the same main cause include East Texas Juniors Volleyball Club Inc ($165k), Imagine Me Ministries Inc ($165k) and Spartan Booster Club ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $708k against liabilities of $37k, net assets of $671k.